Moonwell APY — Live Vault Rates
The top Moonwell vault currently offers a 5.42% 7-day average APY. The table below ranks 4 Moonwell vaults by 7-day average APY. Rates update daily at 06:00 UTC.
Last updated: July 16, 2026 · Data: vaults.fyi
| Protocol | Vault (links to app) | Network | 7-day APY | TVL | Reputation |
|---|---|---|---|---|---|
| Moonwell | Moonwell USDC | Base | 5.42% incl. 0.36% rewards | $16M | High |
| Moonwell | Moonwell ETH | Base | 1.24% incl. 0.18% rewards | $8M | High |
| Moonwell | Moonwell WETH | Ethereum | 0.61% | $2M | Med |
| Moonwell | Moonwell wstETH | Base | 0.05% | $3M | High |
Where does this yield come from?
Moonwell is a lending protocol native to Base and Optimism. Yield comes from borrower interest plus WELL and OP token incentive rewards. Moonwell is one of the largest lending protocols by TVL on Base.
Risk considerations
Moonwell is a Compound v2 fork with additional governance and incentive layers. It has a strong track record on Base since launch. WELL token incentive yields can fluctuate with token price. No DeFi deposit is insured.
Frequently asked questions
What is the current Moonwell APY?
The top 7-day average Moonwell APY is currently 5.42%, from Moonwell USDC on Base. Across 4 tracked Moonwell vaults, rates range from 0.05% to 5.42%. Data from vaults.fyi, updated daily.
How does Moonwell compare to Aave on Base?
Both Moonwell and Aave are major lending protocols on Base. Moonwell is Base-native with WELL incentive rewards; Aave is a larger multi-chain protocol with deeper liquidity. Moonwell sometimes offers higher rates due to WELL incentives, but base yield (excluding incentives) is driven by utilization on both.
Related pages
- Best DeFi Yields on Base
- Aave USDC APY — Live Rate
- Best Stablecoin Yields in DeFi
- Compound APY — Live Yield Rates
Data sourced from vaults.fyi, updated daily. Last updated: July 16, 2026. Explore all vaults.